Valuation Advantest Corporation Deutsche Boerse AG

Stocks

VANA

US00762U2006

Semiconductor Equipment & Testing

Delayed Deutsche Boerse AG 14:17:08 2026-10-06 EDT			5-day change	1st Jan Change
234.00 ^EUR	+1.74%		+20.00%	+120.75%

07:35am	Schroder Japan Trust beats benchmark amid favourable market conditions	AN
05:02am	Nikkei 225: Behind AI, another engine of the Japanese rally

Company Valuation: Advantest Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,859,608	2,237,070	5,033,620	4,748,144	14,755,312	30,297,998	-	-
Change	-	20.3%	125.01%	-5.67%	210.76%	105.34%	-	-
Enterprise Value (EV) ¹	1,786,489	2,202,377	5,021,361	4,579,103	14,435,538	29,726,558	29,360,952	28,814,988
Change	-	23.28%	128%	-8.81%	215.25%	105.93%	-1.23%	-1.86%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	44.8x	34.8x	30.1x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	24.1x	15.9x	11.3x
PEG	-	0.3x	-1.6x	0x	0x	0.6x	1.2x	1.9x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.1x	17.2x	13.5x	11.5x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.8x	16.9x	13.1x	11x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.5x	32.8x	25.6x	22.1x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	28.9x	33.5x	25.1x	21.1x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.3x	58.3x	38.5x	27.8x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.07%	1.72%	2.6%	3.59%
Dividend per Share ²	30	33.75	34.25	39	59	88.61	108.2	146.2
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.21%	0.26%	0.35%
EPS ²	112.4	174.4	84.45	218.7	515.2	933.2	1,203	1,390
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	9.5%	9%	10.5%
Net sales ¹	416,901	560,191	486,507	779,707	1,128,610	1,763,345	2,247,226	2,627,776
EBITDA ¹	129,702	189,083	107,732	255,236	524,732	906,842	1,144,867	1,306,600
EBIT ¹	114,734	167,687	81,628	228,161	499,120	886,377	1,168,551	1,364,960
Net income ¹	87,301	130,400	62,290	161,177	375,353	676,272	869,341	1,002,292
Net Debt ¹	-73,119	-34,693	-12,259	-169,041	-319,774	-571,440	-937,046	-1,483,009
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	41,850.00	41,850.00	41,850.00
Nbr of stocks (in thousands)	769,228	735,878	738,176	733,644	725,790	723,966	-	-
Announcement Date	4/27/22	4/26/23	4/26/24	4/25/25	4/27/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ASML HOLDING N.V.	42.93x	14.51x	32.93x	0.55%	713B
LAM RESEARCH CORPORATION	36.78x	12.25x	30.07x	0.33%	433B
APPLIED MATERIALS, INC.	41.14x	12.49x	36.13x	0.36%	430B
KLA CORPORATION	38.45x	15.03x	31.13x	0.46%	270B
ADVANTEST CORPORATION	43.19x	16.22x	31.54x	0.22%	185B
TOKYO ELECTRON LIMITED	37.04x	8.38x	25.54x	1.31%	184B
ASE TECHNOLOGY HOLDING CO., LTD.	39.5x	4.23x	19.52x	1.3%	103B
TERADYNE, INC.	50.07x	13.35x	37.66x	0.12%	69.5B
NAURA TECHNOLOGY GROUP CO., LTD.	59.72x	8.86x	47.16x	0.15%	66.67B
Average	43.20x	11.70x	32.41x	0.53%	272.59B
Weighted average by Cap.	41.13x	12.87x	32.09x	0.51%